Zodia Custody (HK) is licensed as a Trust or Company Service Provider (TCSP) in Hong Kong. This license, backed by Standard Chartered, marks a significant moment for the organization, the first provider of digital asset custody solutions.
Upon acquisition of the TCSP license, Zodia Custody (HK) is ready to offer comprehensive custody services for digital assets under the TCSP license system. Hong Kong stands as an important hub in the global digital asset ecosystem. The license enables Zodia Custody (HK) to effectively meet the demands of local and international institutional clients.
Zodia Custody (HK) emphasized the importance of this milestone in strengthening the firm’s position in the digital asset custody market in Hong Kong. He highlighted the importance of offering a regulated platform that complies with TCSP requirements ensuring trust and reliability for institutional clients.
The TCSP license opens the way for Zodia Custody (HK) to provide a trusted platform to organizations operating in the region. Adhering to the regulatory framework, the company aims to provide infrastructure that meets the industry’s stringent standards, instilling confidence among stakeholders.
Zodia Markets’ Global Footprint Growth
Aligning with institutional demand for crypto asset storage, Zodia Custody expanded its crypto security services to Hong Kong financial institutions last year, as reported by Finance Magnates. Zodia, which originated as the UK-based crypto arm of Standard Chartered in 2020, aims to enter the Asian market with recent ventures in Japan, Singapore and Australia. In Australia, the introduction of SAF3, a digital asset custody platform designed for institutional use, highlights Zodia’s emphasis on responsible adoption.
Additionally, Zodia Markets secured registration as a Virtual Asset Service Provider with the Central Bank of Ireland, enhancing its credibility. Earlier, the company received in-principle approval from the Abu Dhabi Global Market, paving the way for regulated operations in the Middle East and Africa.
Zodia Custody (HK) is licensed as a Trust or Company Service Provider (TCSP) in Hong Kong. This license, backed by Standard Chartered, marks a significant moment for the organization, the first provider of digital asset custody solutions.
Upon acquisition of the TCSP license, Zodia Custody (HK) is ready to offer comprehensive custody services for digital assets under the TCSP license system. Hong Kong stands as an important hub in the global digital asset ecosystem. The license enables Zodia Custody (HK) to effectively meet the demands of local and international institutional clients.
Zodia Custody (HK) emphasized the importance of this milestone in strengthening the firm’s position in the digital asset custody market in Hong Kong. He highlighted the importance of offering a regulated platform that complies with TCSP requirements ensuring trust and reliability for institutional clients.
The TCSP license opens the way for Zodia Custody (HK) to provide a trusted platform to organizations operating in the region. Adhering to the regulatory framework, the company aims to provide infrastructure that meets the industry’s stringent standards, instilling confidence among stakeholders.
Zodia Markets’ Global Footprint Growth
Aligning with institutional demand for crypto asset storage, Zodia Custody expanded its crypto security services to Hong Kong financial institutions last year, as reported by Finance Magnates. Zodia, which originated as the UK-based crypto arm of Standard Chartered in 2020, aims to enter the Asian market with recent ventures in Japan, Singapore and Australia. In Australia, the introduction of SAF3, a digital asset custody platform designed for institutional use, highlights Zodia’s emphasis on responsible adoption.
Additionally, Zodia Markets secured registration as a Virtual Asset Service Provider with the Central Bank of Ireland, enhancing its credibility. Earlier, the company received in-principle approval from the Abu Dhabi Global Market, paving the way for regulated operations in the Middle East and Africa.